Nihon Decoluxe Co (NGO:7950) Inventory Turnover: 2.39 (As of Mar. 2026)

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NGO:7950 Nihon Decoluxe Co Ltd NGO:7950
72 GF Score
Price 円9,270.00
GF Value 円8,397.03
Valuation Fairly Valued
! 6 Warning Signs
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What is Nihon Decoluxe Co Inventory Turnover?

Nihon Decoluxe Co NGO:7950 72 Inventory Turnover is 2.39 as of Mar. 2026. GuruFocus rates NGO:7950 with a GF Score™ of 72/100 and a GF Value™ of 円8,397.03 (Fairly Valued). The stock has 6 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Nihon Decoluxe Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円2,191 Mil. Nihon Decoluxe Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円915 Mil. Nihon Decoluxe Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nihon Decoluxe Co's Days Inventory for the six months ended in Mar. 2026 was 76.20.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Nihon Decoluxe Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.28.

Nihon Decoluxe Co  (NGO:7950) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Nihon Decoluxe Co's Days Inventory for the six months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=914.7835/2190.81*365 / 2
=76.20

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Nihon Decoluxe Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=914.7835 / 3216.303
=0.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Nihon Decoluxe Co Inventory Turnover Related Terms

Nihon Decoluxe Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nihon Decoluxe Co's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nihon Decoluxe Co Inventory Turnover Chart

Nihon Decoluxe Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.79 4.44 4.07 4.31 4.54

Nihon Decoluxe Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.07 1.93 2.20 2.21 2.39
NGO:7950
72GF Score
Nihon Decoluxe Co Ltd NGO:7950
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nihon Decoluxe Co Inventory Turnover Calculation

Nihon Decoluxe Co's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=4268.047 / ((962.357 + 916.104) / 2 )
=4268.047 / 939.2305
=4.54

Nihon Decoluxe Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=2190.81 / ((913.463 + 916.104) / 2 )
=2190.81 / 914.7835
=2.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 2.39 mean?
Nihon Decoluxe Co (NGO:7950) has a Inventory Turnover of 2.39 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nihon Decoluxe Co and its competitors.
Is Nihon Decoluxe Co's Inventory Turnover too high?
Nihon Decoluxe Co's current Inventory Turnover is 2.39. Overall, Nihon Decoluxe Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nihon Decoluxe Co's Inventory Turnover compare to SN and SGI?
Nihon Decoluxe Co's Inventory Turnover of 2.39 can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Furnishings, Fixtures & Appliances company?
A good Inventory Turnover depends on the Furnishings, Fixtures & Appliances industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nihon Decoluxe Co and its competitors. Nihon Decoluxe Co's current Inventory Turnover is 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Decoluxe Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Decoluxe Co (NGO:7950) is currently considered Fairly Valued. The stock's GF Value™ is 円8,397.03, compared to a current price of 円9,270.00 — trading 10.4% above its estimated fair value. The current Inventory Turnover is 2.39. Nihon Decoluxe Co's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Nihon Decoluxe Co (NGO:7950), the current Inventory Turnover is 2.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nihon Decoluxe Co (NGO:7950) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Decoluxe Co stock appears to be overvalued. The current stock price of 円9,270.00 is trading 10.4% above its estimated GF Value™ of 円8,397.03. GuruFocus considers Nihon Decoluxe Co to be Fairly Valued.

Key valuation signals for NGO:7950:

  • Inventory Turnover: 2.39
  • GF Value™: 円8,397.03 vs. price of 円9,270.00 (10.4% above fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the NGO:7950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nihon Decoluxe Co Business Description

Address 10 Maeyashiki Kashiwamori, Aichi Prefecture, Niwa-gun, Fuso, JPN, 480-0103
Nihon Decoluxe Co Ltd is engaged in offering decorative boards. It operates Decorative board business unit which covers melamine decorative boards, Living environment business unit, Electronic materials business unit, and a Chemical anchor business unit. The company has two reportable segments: Construction Materials Business and Real Estate Business. The Construction Materials Business manufactures and sells decorative panel products, products for the electronic parts industry, and chemical anchor products. Real Estate Business owns office buildings for lease and engages in real estate leasing.
72GF Score

Get the complete analysis for NGO:7950

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円9,270.00
Price
円8,397.03
GF Value